Reference is made to the interest payment due on the1 December 2021 in the bond issues NO0010996432 and NO0010996440. The Bond Trustee has within the deadline set out in clause 9.3 (b) of the Bond Terms received a notice from the Issuer that the Interest Payment, in accordance with clause 9.3 of the Bond Terms, will be paid by issuing new Bonds ("PIK Bonds"). For further details please see the attached notice from Nordic Trustee. Fornebu,19 November 2021 Norwegian Air Shuttle ASA
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